Maximising Returns with Tax-Free Individual Savings Accounts

An Individual Savings Account, also called an ISA, is a type of retail investment scheme available to UK residents. There are several types of Individual Savings Accounts, including cash ISAs, lifetime ISAs, stocks and shares ISAs, junior ISAs, and even innovative finance ISAs. It’s worth knowing how they work so that you can choose the right one.

In this article, you’ll find the definition, an explanation of how each type works, the terms and conditions for getting such an account, and some tips on how to manage one.